Laureate Education reports Q2 EPS 35c vs 25c last year

Reports Q2 revenue $462.1M vs $385.4M last year. Eilif Serck-Hanssen, President and Chief Executive Officer, said, “The favorable market conditions for higher education in Mexico and Peru and Laureate’s strong operating performance yielded robust growth for our campus and online offerings in the second quarter. In addition, we are benefiting from significant tailwinds related to foreign currency. As a result, we are raising our 2023 full year guidance for both revenues and earnings as we continue to build value for all stakeholders through our leading institutions and a strong balance sheet.”